Mutual funds serviced by Karvy - Complete list

Karvy has gradually grown as one of the largest Mutual Fund RTA companies after being established in 1982. One of the main strengths of a Mutual Fund RTA is the facility to offer a wide range of Mutual Funds to the investors in one place.

Karvy has been a reliable option for all types of investors looking for a perfect set of mutual funds. Here is the list of Mutual funds serviced by Karvy. The list contains most of the mutual funds serviced by Karvy. Any updates or new funds you know, do revert below.

Karvy provides the largest Register and Transfer Agent in India in the form of Karvy Computershare with its alliance partner Computershare from Australia.
The next section provides you with the complete list of Mutual funds serviced by Karvy to help you choose the right mutual fund according to your requirements and preferences. There is no surprise that Karvy serves more than 50% of the Asset Management Companies (AMCs) in India with assets growing past an impressive figure.

Mutual funds serviced by Karvy -Complete list:

Axis Mutual Fund

Mirae Asset Mutual Fund

IDBI Mutual Fund

BOI AXA Mutual Fund

Franklin Templeton Mutual Fund

Sahara Mutual Fund

Taurus Mutual Fund

LIC Mutual Fund

Peerless Mutual Fund

Baroda Pioneer Mutual Fund

JM Financial Mutual Fund
*Goldman Sachs Mutual Fund

Canara Robeco Mutual Fund

DHFL Pramerica Mutual Fund

INVESCO Mutual Fund

Motilal Oswal Mutual Fund

Essel Mutual Fund

Edelweiss Mutual Fund

Quantum Mutual Fund

Principal Mutual Fund

UTI Mutual Fund

India Bulls Mutual Fund

Reliance Mutual Fund

Investment in Mutual Funds are regulated by SEBI.

Mutual Funds: Need & Importance
There is no shortage of investment options in India, but mutual funds have evolved as the most attractive option for all types of investors.

Moreover, the strength of the mutual funds lies in their ability to provide a balanced investment option. You can look for a significant return on investment with a proper risk management.

Mutual Funds are managed by professionals that ensure that your money is invested in the right funds. Investment in Mutual Funds is bound by stringent regulations by SEBI to ensure complete transparency and protection to the investors.

The Security and Exchange Board of India (SEBI) is the government body that was set up to protect the rights and the interests of the investors.

Mutual Funds comes with a variety of benefits. They provide a diverse portfolio to the investors by breaking down the investment in small sections and investing in multiple funds. The choice of the funds depends on the risk bearing abilities and expected returns of the investor.

What do you think? Did I miss any mutual fund name that is serviced by Karvy? Do share your thoughts.

The company named "Karvy" has grown gradually over time which is a result of its managers being involved in every small task and increased number of working hours. People look for good platforms to invest in Mutual funds This helps these companies to prosper.

@sudheer
said in What are Index Funds: meaning, advantages, review, Taxation:
Index funds deliver returns more or less equal to the benchmark.
Returns from Index Funds cannot be more than returns of benchmark index. Its always quite less due to tracking error and expense ratio.
While actively managed mutual funds can give higher returns. If yes, which one is better overall, active funds or passive funds?
Its more of a personal choice to go for actively managed funds or index funds.
Like for me, I change my stance from actively managed funds to index funds, slowly over a period of time, by knowing more and more about them.

@jatinderchd This sounds interesting! Really, there are so many ways to know the L&T Mutual fund NAV. I am also thinking to invest in mutual funds. So, gathering all the relevant info here and there. Is NAV or Net asset Value is the current value of a mutual fund unit? Is NAV of mutual fund calculated daily at the end of each market day?

There are currently 16 different categories of debt funds available. The regulator has segregated the schemes based on the modified duration of the underlying portfolio, while certain categories like Credit Risk Funds and Corporate Bond Funds are defined as per the credit quality of the underlying portfolio. Mutual funds are expected to generate the best risk-reward based on the scheme’s investment mandate and in ultimate good faith of the investor. However, in the quest to generate a higher alpha, some fund managers tend to take on a higher risk. Naive retail investors often bear the brunt of these investment decisions if the promoter companies are unable to pay up.

People start worrying about their mutual funds when there is a meltdown in the market. It can be seen from the graphs that there is just a minor loss. But, it can recovered later when the stocks go up. So, people might be able to worry less when they stay calm and look forward to long term investing.

SEBI is the mutual fund regulatory body in India. It is the Securities and Exchange Board in India which is the main regulator of securities market. Hence it is also the regulator for mutual fund investments in the Indian market.
AMFI however is a nodal association of mutual funds across India. It contains details on all the registered asset management companies in the country.

Index funds or Index mutual funds are essentially mutual funds in which investments are made in stocks which track a particular index in the stock market.
An index like Nifty 50 or BSE 100. So in a way, they replicate underlying Index.
Differences Between Mutual Funds and Index Funds:
Index funds can generally come in two forms Index mutual funds or ETFs.
Index mutual funds are simply mutual fund schemes whose mandate is to invest in underlying index stocks. So, in a way it is a passive investment in underlying index.
Similar to Mutual funds, Index mutual funds have a daily NAV and can be brought or sold to the Fund house.
Mutual funds, on the other hand, depending on it stated scheme goals have greater flexibility in changing their portfolio. Hence, these are actively managed funds.
ETF ( Index funds) track one of the stock indices and are actively traded on the exchange. The price of ETFs hence varies dynamically. ETFs can be bought and sold on the exchange.
Mutual funds vs Index Funds: Conclusion
Actively managed equity portfolios tend to outperform passive index funds.
Outperformance can vary over time period and decreases with large time intervals.
So, for now it may be worth paying higher expense ratio for actively managed mutual funds. Since, actively managed mutual funds end up giving better returns.

One of the important questions i typically get when I advise our customers on financial planning is should I move my money from savings account to Liquid funds, this blog post attempts to answer this question, before we answer this question lets try to understand why do people keep money in savings account , for me there are 3 reasons
To ensure liquidity , so that money can be used whenever required.
Get some returns as money in the bank is more secure and gives some basic returns in the pocket
Financial laziness where you don't worry about what your money does in your account
So let's look at how much interest rates you earn on savings accounts with different banks , below is the current saving bank interest rates offered by different banks
Saving Bank Interest Rates (Nov 2017)
Bank Name Interest Rates offered
Yes Bank 6 % PA
ICICI Bank 4% PA
Kotak Mahindra bank 6% PA
SBI 4% PA
HDFC bank 4% PA
Axis bank 4% PA
If you look at most of the top saving banks give interest rate in the range of 4-6 %
Now let's look at yearly return on top liquid Funds in last one year to get an idea on how they fare as compared to your favorite savings account, below table summarizes the data, please note I have only taken top 5 funds as per Crisil ratings.
Top Liquid funds returns (As of Nov 2017)
Fund Name Annual Return
Indiabulls Liquid Fund 8.20%
L&T Liquid Fund 8%
Tata liquid Fund 8%
Axis Liquid Fund 8%
HDFC liqud fund 8%
So simply based on return liquid funds outperform savings account by anything between, 2-4 % points which is 50-100 % higher return than the savings account , so purely on the basis of returns investing in liquid funds is a no brainer.
Now lets look at other big concern liquidity, one of the reason keep money in savings account is on the go liquidity you can withdraw money at any time, through an ATM or from the bank, Liquid funds also provide similar kind of liquidity.Liquid funds can be redeemed at any time with no exit load and the funds hit your account in 24 hours. Some AMC's like Reliance also provide ATM cards powered by HDFC bank, where you can redeem the money.
So all in all Liquid funds have high liquidity and can compete with savings account on that front.
Risk Assesment :- Liquid funds invest in short-term securities mostly with maturity of 91 days , normally interest rates do not change too much in short term, hence interest rate risk is taken care of , so liquid funds do not carry much risk
So here is my recommendation, don't keep more than 1 month of your planned expenses in savings account move rest of the money to liquid funds and develop your emergency funds for 5-6 months using liquid funds
If you want to know more about liquid funds read my post on All you need to know about liquid funds

Hi, Karvy has an updated registration process which is completely online and no hard copies of the documents are required.
They leverage Aadhaar Digital Signature to open an online account. They just need scanned copy of the bank cheque leaf to create the account.

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